MVR Developments (Newport) Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 12349671

MVR Developments (Newport) Ltd

Filleted Unaudited Financial Statements

31 December 2024

MVR Developments (Newport) Ltd

Financial Statements

Year ended 31 December 2024

Contents	Pages

Chartered accountant's report to the director on the preparation of the unaudited statutory financial statements	1

Statement of financial position and the notes to the financial statements	2 to 3

MVR Developments (Newport) Ltd

Chartered Accountant's Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of MVR Developments (Newport) Ltd

Year ended 31 December 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of MVR Developments (Newport) Ltd for the year ended 31 December 2024, which comprise the statement of financial position and the notes to the financial statements from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the director of MVR Developments (Newport) Ltd. Our work has been undertaken solely to prepare for your approval the financial statements of MVR Developments (Newport) Ltd and state those matters that we have agreed to state to you in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MVR Developments (Newport) Ltd and its director for our work or for this report.

It is your duty to ensure that MVR Developments (Newport) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of MVR Developments (Newport) Ltd. You consider that MVR Developments (Newport) Ltd is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of MVR Developments (Newport) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

PAUL PHILLIS & CO LIMITED Chartered accountants

11a Corelli Street Newport South Wales NP19 7AR

22 September 2025

MVR Developments (Newport) Ltd

Statement of Financial Position

31 December 2024

	2024	2023
	£	£
Called up share capital not paid	100	100
	----	----

Fixed assets	917,035	917,035
	---------	---------

Current assets	-	50

Creditors: amounts falling due within one year	289	289
	---------	---------
Net current liabilities	( 289)	( 239)
	---------	---------
Total assets less current liabilities	916,846	916,896

Creditors: amounts falling due after more than one year	574,228	598,425
	---------	---------
	342,618	318,471
	---------	---------

Capital and reserves	342,618	318,471
	---------	---------

Notes to the financial statements

1. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).

2. Director's advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	2024
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Mr J Moore	( 289)	( 225,000)	225,000	( 289)
	----	---------	---------	----

	2023
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Mr J Moore	( 14,000)	( 144,000)	157,711	( 289)
	--------	---------	---------	----

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements were approved by the board of directors and authorised for issue on 17 September 2025 , and are signed on behalf of the board by:

Mr J Moore
Director

Company registration number: 12349671

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 4 Mariner Way, Felnex Industrial Estate, Mariner Way, Newport, NP19 4PQ, Wales.